
46 Prospect Ave Hull — Photo 1 of 41
$1,675,000
Investment Analysis — 46 Prospect Ave
Hull, MA 02046
Based on HUD Small Area Fair Market Rent, a 3-bedroom in 02046 carries an estimated $11,750/mo in gross rent — about a 5.54% cap rate and $92,731/yr in estimated NOI at the $1,675,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
3,536
Style
Single Family
Built
2000
Welcome to 46 Prospect Ave, where year-round water views, exceptional outdoor spaces, and an expansive property come together in one of Hull's most spectacular settings. Perched on top of Strawberry Hill, this home was built in 2000—a rarity among Hull’s coastal homes. Thoughtfully updated and beautifully presented, this 3-bedroom, 2.5-bath home offers more than 3,200 square feet of living space designed to take full advantage of its surroundings—with water views enjoyed from nearly every room.Bright, open layout feels both polished and comfortable. Recent updates include new hardwood flooring in the kitchen, fresh quartz countertops, and an updated first-floor powder room, creating a clean, timeless backdrop while preserving the warmth of the home. Generously sized rooms and flexible living spaces make entertaining effortless, whether you're hosting a crowd or enjoying a quiet evening by the coast. And then there are the views. Two rooftop decks offer incredible vantage points for morning coffee, sunset cocktails, or simply watching the ever-changing landscape of Hull unfold around you. Outside, professionally refreshed landscaping, irrigation system, a fenced yard, and an additional adjacent parcel included with the sale provide a rare sense of space and privacy in a coastal community. A two-car garage adds everyday convenience, while the property's location puts Hull's beaches, boating, restaurants, and seaside lifestyle within easy reach. Perhaps best of all, you can enjoy the beauty of coastal living without flood insurance. 46 Prospect Ave isn't simply a home near the water—it's a place designed to experience it.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,536 sq ft principal dwelling). Lot size: 12,196 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Disposal • Trash Compactor • Microwave • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Walk/Jog Trails • House of Worship • Marina • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture
Dining Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Picture, Lighting - Pendant
Kitchen
Lvl Main,FirstBathroom - Half, Flooring - Hardwood, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances
Family Room
Lvl ThirdWindow(s) - Picture, Balcony - Exterior, Attic Access, Exterior Access, Recessed Lighting
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, French Doors, Deck - Exterior
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Window(s) - Picture
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen, Window(s) - Picture
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Closet - Linen
Listing Agent: Tina Zaronias
Listing Office: Keller Williams Realty
MLS® Number: 73580299
